Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 119. (Read 223316 times)
Current Earnings Report:
The best way to buy shares of AMC is through bitfunder.com
The price is set based upon supply and demand as determined by the bids and asking prices of people who use Bitfunder.
The price is set based upon supply and demand as determined by the bids and asking prices of people who use Bitfunder.
Hello,
Is it possible to buy shares directly to AMC ?
If not, when will be the next IPO for the next 15,000,000 shares ?
For the next 15,000,000 shares, the price will be set by the price value on the bitfunder market ?
Thank you
Is it possible to buy shares directly to AMC ?
If not, when will be the next IPO for the next 15,000,000 shares ?
For the next 15,000,000 shares, the price will be set by the price value on the bitfunder market ?
Thank you
Here is the ~Second 24 hours, not as lucky as the first 24.
Picture is dead....
I can see it just fine.
It is a png file. Should work in any browser.
Here is the ~Second 24 hours, not as lucky as the first 24.
Picture is dead....
I can see it just fine.
Here is the ~Second 24 hours, not as lucky as the first 24.
Picture is dead....
Thank you
Sorry for my ignorance, what do you mean by this?
Where other funds/fund of funds, or other share issues, diversify there portfolio by buying into other relevant issues/companies. ASICMINER is held relatively widely, amongst some of those other share issues you see on Bitfunder, for example.
This business is more incestuous, than you may realise, but its all good.
Next steps:
Seeing next order status change on Avalon ticket.
Receiving promised report in next few days.
Feedback on status of NDA agreement.
Also wondering what it will take for 'institutional' investment to occur, if it hasn't happened already.
Seeing next order status change on Avalon ticket.
Receiving promised report in next few days.
Feedback on status of NDA agreement.
Also wondering what it will take for 'institutional' investment to occur, if it hasn't happened already.
Sorry for my ignorance, what do you mean by this?
Where other funds/fund of funds, or other share issues, diversify there portfolio by buying into other relevant issues/companies. ASICMINER is held relatively widely, amongst some of those other share issues you see on Bitfunder, for example.
This business is more incestuous, than you may realise, but its all good.
(...) Should AMC get an investor which wants a large block of shares we could use the transfer function to move those shares after receiving the funds, these funds could be something other than bitcoins. The price for these shares would depend on a number of factors, the main one which would be, would this transaction increase shareholder value. This type of transaction is an advantage for AMC and its investors as there is no fee charged by bitfunder at this time for these transfers. (...)
+1! Large investors are more than welcome!
As a side note, anyone can sell anyone any amount of shares, of any asset, at any price, on BitFunder: https://bitfunder.com/transfer 
I realize that it's "possible". It just was my understanding that Ken had already stated how the rest of the shares were to be sold. Any deviation from the plan will put us right back where we were 2 weeks ago (or was it last week) when nobody trusted Ken and share price manipulation was putting everyone on edge.
So, Ken if you don't mind sharing... what was with the 1 mill share move today?
It is my hope that everything is on the up and up from here on out.
This was just a little test to see how the market reacted to a few shares (~150,000) being sold. We are starting to spin up Avalon boards to get ready for the 20,000 chips we have on order. In the next few weeks there may be a need for increased capital. I am working hard to increase the price of AMC's shares and get the most value from the shares that AMC still holds.
It was my assumption that there weren't any 'off the books' trades. If all trades don't go through the market then the spot price is pointless. Why would someone purchase shares for .00083 on bitfunder if they can make a deal on the side with Ken. If this is truly going on, that's bullshit.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
You are right and an explanation is in order. These shares are AMC's and are in a different account for accounting and dividend purposes. Should AMC wish to sale these shares they are moved to AMC's main account. I also believe that the spot price is very important and is an indication of what price the shares should be sold at to get the most value for AMC and its shareholders. Should AMC get an investor which wants a large block of shares we could use the transfer function to move those shares after receiving the funds, these funds could be something other than bitcoins. The price for these shares would depend on a number of factors, the main one which would be, would this transaction increase shareholder value. This type of transaction is an advantage for AMC and its investors as there is no fee charged by bitfunder at this time for these transfers. I always want to maximize AMC's shareholder value and I am constantly looking for ways to do that. The spot price is the best indication of the current shareholder value and I am striving to increase that at all times.
As a side note, anyone can sell anyone any amount of shares, of any asset, at any price, on BitFunder: https://bitfunder.com/transfer
I realize that it's "possible". It just was my understanding that Ken had already stated how the rest of the shares were to be sold. Any deviation from the plan will put us right back where we were 2 weeks ago (or was it last week) when nobody trusted Ken and share price manipulation was putting everyone on edge.
So, Ken if you don't mind sharing... what was with the 1 mill share move today?
It is my hope that everything is on the up and up from here on out.
It was my assumption that there weren't any 'off the books' trades. If all trades don't go through the market then the spot price is pointless. Why would someone purchase shares for .00083 on bitfunder if they can make a deal on the side with Ken. If this is truly going on, that's bullshit.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
As a side note, anyone can sell anyone any amount of shares, of any asset, at any price, on BitFunder: https://bitfunder.com/transfer
It was my assumption that there weren't any 'off the books' trades. If all trades don't go through the market then the spot price is pointless. Why would someone purchase shares for .00083 on bitfunder if they can make a deal on the side with Ken. If this is truly going on, that's bullshit.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
That being said, I'm not convinced that's what is going on. If it was, then why did the shares end back up in Ken's account.
I personally hold ~46k shares so I have more than a small interest in making sure that this company is being run in a straightforward and honest manor. I don't think it's too much to ask for an explanation from Ken.
They were sold.
Lewicki, you shouldn't state things like that unless you know it to be true.
Straight from the horses mouth:
[00:21]
[06:14]
They couldn't possibly have been sold through bitfunder as there isn't near that much liquidity
If someone has 80 grand and AMC has 1 million shares to spare, there is no illiquidity. There is illiquidity however when there are no shares to buy on the market. Therefore large share buys happen all the time without a MM or trading platform (especially when there is not much liquidity), they are a private contract between the issuer and buyer. Obviously shares were traded "off the books" in this case well. The shares DID change hands - regardless if whether or not they went back to the same account.
To prove my point:
A buyer could have sent BTC to AMC, then AMC could have transfered the shares to his account via
https://bitfunder.com/transfer
What I interpreted "Selling a few more" as "yes, i sold 1 million shares" was incorrect.
They were sold.
Lewicki, you shouldn't state things like that unless you know it to be true.
They couldn't possibly have been sold through bitfunder as there isn't near that much liquidity. If it had, the price would have skyrocketed.
Obviously, since those shares are now back in Ken's "pool" of shares, they weren't sold. Though I'm still very interested to know what is going on. I'm not trying to say that anything nefarious is afoot. I'm just wondering what is happening as the 'plan' has been stated by Ken as being to sell remaining shares (all 15mil) at .0008 or higher. This was a concession to the shareholders that bought before Ken was forced to sell shares at .0005.
We are all easily spooked due to past manipulation and I just feel that a little transparency will go a long way to allay those fears.
Here is the ~Second 24 hours, not as lucky as the first 24.
Many thanks Vbs.
It looks like it's 14 Mil now as a mystery 1mil shares was sold or transferred, Ken hasn't responded about it yet.
They were sold.
And then rebought by Ken ?
Assets list shows 15M again :
20,000,000
15,009,057
----------
615,856
348,450
214,768
200,000
187,402
149,919
147,591
120,490
108,374
100,000
Shares sold: 40,000,000
Shareholder count: 366
By the way, my recap script : http://pastebin.com/dr5iCciA
Ken, could you confirm that the 15.000.000 unsold early-adopters shares are also getting dividends paid ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
It looks like it's 14 Mil now as a mystery 1mil shares was sold or transferred, Ken hasn't responded about it yet.
Assets list shows 15M again :
20,000,000
15,009,057
----------
615,856
348,450
214,768
200,000
187,402
149,919
147,591
120,490
108,374
100,000
Shares sold: 40,000,000
Shareholder count: 366
By the way, my recap script : http://pastebin.com/dr5iCciA
Ken, could you confirm that the 15.000.000 unsold early-adopters shares are also getting dividends paid ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
It looks like it's 14 Mil now as a mystery 1mil shares was sold or transferred, Ken hasn't responded about it yet.
EDIT: Guess not.
Ken, could you confirm that the 15.000.000 unsold early-adopters shares are also getting dividends paid ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
Dividends from unsold shares also go into the growth/expansion fund. Read the contract, its stated there.
Ken, could you confirm that the 15.000.000 unsold early-adopters shares are also getting dividends paid ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
I mean, it's quite clear that the 5M early-adopter + 20M growth & expansion should get dividends, but what about the 15M shares left ?
It looks like it's 14 Mil now as a mystery 1mil shares was sold or transferred, Ken hasn't responded about it yet.
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